Given the Following Voter Profile, Determine Which Candidate (If Any)is $\begin{array}{c|l}\text { Number of Voters } & \text { Ranking } \\\hline 7 & a>b>c \\10 & b>a>c \\4 & a>c>b \\8 & c>b>a\end{array}$

question 95

Multiple Choice

Given the following voter profile, determine which candidate (if any) is a Condorcet Candidate and who will be selected using the Hare Method. Does the Hare Method violate the Condorcet criterion
For the voter profile?
$\begin{array}{c|l}\text { Number of Voters } & \text { Ranking } \\\hline 7 & a>b>c \\10 & b>a>c \\4 & a>c>b \\8 & c>b>a\end{array}$

• A) b, a; yes
• B) a, b; yes
• C) b, b; no
• D) a, a; no

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Definitions:

Effective Interest Method

A way of amortizing the bond premium or discount over the life of the bond in a manner that reflects a constant rate of interest.

Bond Premium

The amount by which the market price of a bond exceeds its principal amount or face value, typically as a result of changes in interest rates.

Interest Expense

The expenses an entity faces for borrowing funds, encompassing payments for loans, bonds, or credit lines.

Effective Rate

Refers to the real rate of interest earned or paid on an investment, loan, or other financial product, adjusted for the effect of compounding over a given period.